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Embraer announced today the signature of a contract with the Indian Government for the acquisition of five Legacy aircraft in a special Executive configuration. Four of the jets will replace the venerable Avros operated by the Palam-based Air HQ Communication Squadron of the Indian Air Force (IAF), which ferries the President, Vice-President and Prime Minister, among other dignitaries. The fifth Legacy will be operated by the Border Security Force (BSF), under the Home Ministry.

“Embraer is proud to have added the Indian Government to its customer base, thus contributing to increase cooperation between our two countries. The Legacy jet is renowned worldwide, and will certainly deliver safety, mission and cost efficiency to its new operator,” said Maurício Botelho, President and CEO of Embraer. “We are definitely committed to a long-term relationship with the Indian Government, envisaging not only its full satisfaction in respect to the aircraft now being acquired, but also looking forward to strengthening India’s airborne operational capabilities in the future”.

All five aircraft will be specially configured for authorities and government officials transportation. The jets will feature 14 seats, two separate compartments for senior authorities and their staff, and will be fitted with special self-protection suites.

About the Legacy

The Legacy is a super midsize twin-engine authorities transport jet based on the successful ERJ family of regional jets in service with 48 of the world’s leading airlines. Over 700 ERJs have been delivered to date. The Legacy cruises at up to Mach .80 and offers a non-stop range that reaches 3,250 nm with 8 passengers and NBAA IFR reserves.

All Legacy family members deliver an abundant 39.9 cu. m. (1,410 cu. ft.) cabin volume, providing ample room for work or relaxation. This cabin is by far the largest in its category – 60 percent larger than other super midsize business jets.

The Legacy received full aircraft type certification from the Brazilian aviation authority (CTA) in December 2001, from the European Joint Aviation Authorities in July 2002 and from the U.S. Federal Aviation Administration (FAA) in September 2002.

Two ultra quiet Rolls-Royce AE 3007 high-bypass, turbofan engines power Embraer’s Legacy. These are stage IV noise compliant environmentally-friendly engines. Standard avionics include Honeywell’s Primus 1000 integrated system with data presented through five flat-panel displays.

To support the Legacy operators, Embraer has built upon its existing worldwide customer support network, by forming partnerships with leading business aviation service providers. This combination of global infrastructure and business aviation expertise assures Legacy operators convenient access to technical assistance, training and service – wherever their missions take them.

Note to Editors

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is a major aerospace company with 34 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the global airline, defense and corporate markets. With headquarters in São José dos Campos, state of São Paulo, and offices and customer service bases in Australia, China, France, Singapore and the United States, the Company, as of the end of the 1st Quarter 2003, has a total workforce of 12,348 people. Embraer is among Brazil’s leading exporting companies. As of June 30, 2003 Embraer’s firm order backlog totaled US$ 10.3 billion.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect the Company’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among other: general economic, politic and trade conditions in Brazil and in those markets where the Company does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. The Company does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Company expectations.

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